Pauli's Special Episode

How Did I Find Consistency In My Trades?

Dear Reader,

I want to share with you what I believe are the five steps to finding your consistency.

But before that, there’s a few things you should know about me. Firstly, I have an addictive personality. It is something I have always had, when I was younger, you would have struggled to find anyone in the world who could have beaten me at Street Fighter II. In later years, FIFA Football ( soccer) on the Xbox was my glory and I was ranked 8th in the world.

Couple my addictive nature with the fact that I also have ADHD which feeds into my mentality and you can see why I need to spend 1,000s of hours doing whatever I love. These things put together mean that I don’t think many people out there have spent more time on a screen studying charts than I have over the last few years.

I have a successful day job that I used to love. It earns me over $150,000 a year but things changed when I discovered the stock market, it was my new addiction.

Through the years, I have been through it all. I have followed furus calls and made tens of thousands of dollars only to give them all away on their next pump and dump call. For years, I slaved away on small cap low float runners trying to “win big” in single trades. I made money, lost it, made some more and lost it all again. I was studying the market every waking minute but my progress was painfully slow.

My love for the market wasn’t going anywhere, but neither was my portfolio.

Things changed suddenly for me when one thing happened. I was introduced to Apex & TopStep Accounts and Futures. Since then, I have found a consistency that I had only dreamed of. It has been transformational for me and the way I trade. Today, I want to share with you why.

I don’t work for Apex or TopStep, I am not on their payroll, this isn’t promotional content. I simply believe signing up will help you become a better trader. But before you do, have a read of the below five steps and see why I think they are crucial for all aspiring traders.

You can sign up for your Apex account with a discount here. Or with a free trial for TopStep here.

Below, I share with you why exactly I think having an Apex or TopStep account is the best way of making you develop your skills as a trader, in five steps:

1: Apex & TopStep The Trailing Drawdown

A drawdown is a maximum loss your account can suffer. On Prop Accounts this draw down is very tight. When I first started using props, I would make a killing trade after trade, and then suddenly, one losing trade would blow up my account as I let the loss keep going. This habit of letter my losers run was directly from the furu teachings “buy dips not dicks” type mentality. It is simply wrong.

So lesson 1. Sell your loser. Quickly.

2: Apex & TopStep Maximum Potential Portfolio

Apex track your positions, so if it is $500 and then you sell at $100. They know that you let $400 slip out of your hands. This affects your drawdown as that $400 you didn’t make is added to it! This I think has been the single biggest influencer on making me successful. It makes me sell quicker, and stops me being greedy. Too many times I would be holding onto a winning trade thinking it was going to be “the one” that just rockets, it never did.

So lesson 2. Protect your profits. Aggressively.

3: Passing your evaluation

When you begin with Apex & TopStep , they give you a profit target to reach. A good place to start is on the 50k or 25k accounts. Where the profit targets are $1,500 and $3,000 respectively. Combined with the above two rules, what you find yourself doing by natural selection almost is taking small wins consistently. Gone are the days of trying to win big. Now we scalp our way to the top and let our runners make us the extra cash. My love of gaming feeds into this mentality as I’ve got a goal to reach before I can level up and get a fully funded account!

So lesson 3. Build your dream, one trade at a time. Patiently.

4: You don’t have to lose your money to make money

One great thing about Apex & TopStep is that if you do blow up, say five times because you hit your drawdown. You didn’t lose $10,000 of your own money. What you lost was some pride, and the cost of the reset. Apex puts you in this wonderful mentality, your account matters to you much more than if it was a simulated/paper account. But at the same time, the risk you are exposed to is minimal. This was a game changer for me, I took it just as seriously as my actual portfolio, but I didn’t lose any of my own money.

So lesson 4. You don’t have to lose your savings whilst finding your edge.

5: Glory comes with time.

The final lesson I will share with you is the one I learnt having passed my evaluations and failed my funded accounts. Several times. You have to learn your lessons. The pain isn’t what you focus on, the money isn’t what you focus on, the mistake isn’t what you focus on. You focus on they WHY. Why did I blow up? Which rule didn’t I follow? What lesson have I learnt for my next attempt?

So our 5th and final lesson. Everyday is a school day, never stop learning. Eagerly.

Apex let you keep 100% of your first $25,000 profit. After that, you keep 90% and you can take money out of your account twice a month. They really are the best prop out there.

Sign up for your Apex or TopStep account and get either a 50% discount or a free trial!.

I keep saying this, but I do really mean it. If you are struggling. Then reach out, I always reply.

PW.